Valamar Riviera d.d.

Board/Management Information • Feb 10, 2016

HANFA- Croatian Agency for Supervision of Financial Services Miramarska cesta 24 b 10000 ZAGREB

HANFA – Official Register of Regulated Information

Zagreb stock exchange d.d. Ivana Lučića 2a 10000 ZAGREB

HINA – Croatian News Agency ots@hina.hr

Poreč, 9th of February 2016 Reg. no.:1-13/16

Subject: Notification on Management Board meeting

Valamar Riviera d.d. seated in Poreč, Stancija Kaligari 1, OIB 36201212847 (hereinafter: the Company) in accordance with the Article 123. of the Rules of Zagreb stock exchange joint stock company, is publishing that a Management Board meeting was held on 9th of February, on which meeting temporary unaudited financial reports are determined for the year 2015, including fourth quarter of 2015. Management Board had also approved the Merger contract between Hoteli Baška d.d. (merged company) and Valamar Riviera d.d. (take over company) by which the merger process started according to Article 531. of the Law on Commercial Companies.

Temporary, unaudited financial reports for the year 2015, including fourth quarter of 2015 will be published in prescribed terms in accordance with legislative.

Valamar Riviera d.d.